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, that doesn't involve risks to the government micromanaging the economy. if you say okay which is going to have a flat tariff of 10% or 20% or 30% whatever it takes to get to a zero trade deficit that doesn't introduce a lot of corruption or a lot of dangers bad policymaking because it's a very simple policy. it's just determined by an arithmetical formula and there's no opportunity for anybody to play games. one of the good things about it if you have a flat tariff, is if you had a 30% tariff on imported goods that's not enough to relocate the production of t-shirts that united states because cost is too great. it's great to relocate things like silicon wafer fabrication so would tend to relocate back to the u.s. high value capital-intensive skill intensive industries which is of course what we want to do. those are the industries that are high-quality -- high-quality into she wants to have and those are the industries that don't want to lose. i point that out just to point out that if you do get serious about protectionism, protectionism has a logic to it which if you understand what
in the current state of the economy. this is from fall of 2012. we will see if that changes post-boston and if those numbers go up. this goes to the earlier segment that you aired, this idea that the united states is compcent with respect to terrorism. i think the survey demonstrates it is among the things that people think about your it i also think that the law enforcement community is certainly not complacent when it comes to terrorism. the boston event was a security event. there's a lot of individuals covering that event, from federal, state and local. i don't think that boston happened due to complacency. i don't think we necessarily are complacent. m asink we have accepted ew facet of our reality, albeit one that does not happen that frequently. host: if you want to look at the numbers, you can go to start.umd.edu to get more information. bill braniff, from the national consortium for the study of terrorism & responses to terrorism. caller: good morning. i think these two crimes are quite separate. the man in connecticut was angry concerning his disease. he shot his mother
closer. wherever you are today, idelity's guidance can help fine tune your personal economy. fidelity investments. here. >> at union bank our work hard p managers to know your business. offering specialized solutions in capital to help you meet growth objectives. we offer expertise and tailored solutions for small businesses corporations. what can we do for you? watching gmt on "22 news." attack on u.s. soil since 9/11. today. our focus what should have been a moment of joy turned to a time of carnage. president obama says justice will be done. > make no mistake, we will get to the bottom of this and we and find out who did this we will find out why they did this. >> the devices exploded near line a favorite spot for spectators. manythan 140 were injured, in a criminal conditio-- critic condition. people started throwing down the barricade and running over each other. ran the other direction. >> the f.b.i. has taken control investigation. the big question, was it international or domestic terror? aaron is here with business and talking music. >> it is all about how do you get your mu
. maybe this shows it is very positive from the standpoint of the economy, if you use dynamic scoring. if you use statics deploring it is not and cannot so well. -- static scoring it is not going to come out so well. i have a question for the other witness. you said this in your statement tionhis is aasnab. the obvious question is whether or not there are sufficient jobs for average americans and illegal immigrants. the answer is no. >> as i indicated to us recently. latere have a participation rate we have a supply of low-skilled labor. it appears that what do is leapfrogging those individuals. we have millions upon millions of americans, not just black americans, but millions upon millions who do not have a job right now. i think it is a good idea to inform -- to reform immigration system but regard must be given to the fact that we have an over abundance of people not working today. we are at rates we have not sn in 80, 75 years. it is astonishing. if we have regularize asian of a greater pool of individuals who can compete on a one by one basis with americans here today those indi
of tumultuous, russia's president is coming under controver controversy. while russia's economy hadn't performed badly last year, falling commodity prices risk pushing the country into recession. these comments come just hours after president putin threatened to fire officials for not following his orders on public spending. geoff cutmore is outside this event. what are you hearing about these concerns and the russian economy overnight? >> reporter: absolutely. fascinating issue. we clearly see some risks emerging in the russian government at this point. and i just want to put that issue to one side for a moment. because i have with me li jiaoung. he is a former chinese minister. i'm fortunate to get the opportunity to talk to him at this event. thanks very much for speaking to me. if i could just start off by asking you, clearly, the world has been focused on the terrorist events in boston and this tragic, very un pleasaplea event. i wonder if you could dwifs a perspective from the chinese point of view here because nobody wants to see terrorism and in particular i think the chinese have an int
or does it matter if an economy will print or grow or whatever? >> the study which said once government debt hits 90% of gdp growth goes off a cliff has been thoroughly discredited and they must kick themselves that they made a mistake on the spreadsheet. people pay attention to the paper which has just come out that shows that this is a pretty sloppy piece of work. the conclusion drawn in terms of the impact of high debt to growth has been basically discredited now. it's fairly clear that governments have a lot more scope to deal with problems. >> was china wrong to pursue this strategy then to help cushion the effect of the global financial crisis and even though people are quite concerned about it including some of the chinese themselves, it sounds like from what you're saying all things considered you don't see a hard landing or crisis as a result. >> as you always say in china, it's too early to tell. i think they have a margin to get things right. if you look at greece, they went into european monetary union and have this lovely window to fix things. a lot of credit with foreign i
insight on the global economy, as well as the impact of new security concerns in light of the tragic and deadly bombings in boston. >> yeah, it was of course, at this hour when we first learned yesterday of the horrific events unfolding in boston. that is where our scott cohn is right now with the very latest. scott, one day later, what can you tell us? >> reporter: maria, 24 hours after the horrific attacks, it is still an intense crime scene behind me, as authorities try to search for any clues about who did this and why. u.s. attorney general eric holder out with a statement a short time ago, again, calling on the public to help, saying no bit of evidence is too small. they are looking for cell phone video, anything that can help them figure out and piece the facts together. we also know that the boston athletic association, which stages this marathon every year, had three surveillance cameras at the finish line. the company that provided those cameras under a sponsorship agreement tells cnbc they are cooperating with authorities. we will see whether that yields anything, but what
the economy french economy is in. now, the german survey responses say the economies were worried about the impact prices. in france, they're much more domestically focused with some suggestions that things couldn't get any worse. >> well, the domestic situation is already a known negative. just to recap for viewers, as well, the composite, which includes both the services and is manufacturing, pmi came in at 46.5 in april for the eurozone. that was just ever so slightly above the 46.4 estimate and manufacturing came in 46.5. the services figure was 46.6. but, again, it's some of the weakness in the core economy of germany that's catching the market's attention this morning. the euro weaker, the xetra dax off by about 0.2%. we're going to get some uk data out at 9:30. also coming up on the show, the how companies are battling to take a foothold in the alternative energy market in china. then at 11:10, we'll be joined by jim o'neill as he nears the end of his tenure at goldman sachs. we'll get his best and worst investment calls from his time in the city. we'll hear up for earnings from
say that the last ten years has been very bad for the economy. we've lost a lot of valuable resources and a lot of the momentum that we've had on. before, we had open markets and entrepreneurship and that's what helped china succeed. we have to go back to market forces as well as fight construction. >> so juan nubol there talking about the last decade. he was the guy that tried to buy 300 kilometers of ice and is we'll talk about that a little later, as well. clear now there is a hope for reform. i'm pleased to say kung mingh, the founder of lenovo who bought the business from ibm, he explained to eunice what he wanted from private reform to help private business in the country. >> translator: my view is that the chinese government should adopt a more systemic and comprehensive approach, for example, how to escape a better sense of reform in this country so that the public will have more confidence in ensuring the culture of mutual trust can be established. >> what's interesting is that this group, also becoming more influential in political circles. we'll hear a little later from the
francisco, oakland, seattle, and tacoma combined, upon which a bulk of the u.s. economy relies. we must strengthen recovery in the event of a biological attack, which is still the most worrying threat out there. we need to make sure that the public understands the nature of these threats and how it can help identify and respond to them. above all, it needs to understand how not to respond to them. when bad things happen, it's easy to react out of fear, emotion and anger. let's hope that in boston this week we begin to chart a different course. for more on this, you can read my column in a special edition of "time" magazine on the tragedy in boston. let's get started. >>> joining me now the man who runs the biggest police force in america and one of the country's best intelligence divisions, ray kelly, the commissioner of new york. what do you have to tell us in the aftermath of this? is there a heightened sense of danger? are you seeing threats proliferate? >> no, we haven't seen an increase in threats, but our operating assumption is that we're always at risk. we're a city that obvious
're going to talk markets, the economy and much, much more. stay tuned for that and a lot more. >>> welcome back. now to the markets. it's going to be a big weekend ahead. joining us, lou brian. lou, place your betts. more likely up or down for the dow this week? well, you know what? i tend to look technically at the s&p instead of the dow. >> how about the s&p? it's a broader market index, even better. >> all right. i think that the interesting thing is that where the s&p held last week, this 1540 is a mark that held in march and early april and, again, last week, we went just a little below it. also in play around that level is the 50-day moving average which held the market a couple of times. if you're looking to get long on a tray, that's not a bed level because you kind of know where you're wrong when it goes underneath that. i think the interesting thing with the stock market is that it's really the only market right now that's playing along with the fed's qe brochure. don't fight the fed. buy on fed accommodation. the crude oil, the gold, copper, various commodities are lower since t
were worried already about the underlying fundmentals of the economy and market. what did you mean by that? >> separating the two, the economy and the markets are kind of acting like on one side slow growth particularly on the revenue side world wide including china and we understand the dependence on what is happening with the feppeds -- feds with the zero cost of money . on the other hand, we have an issue of people looking for a safe haven. united states is probably the safest democratic country right now and a growing acceptance that interest rates will go up. particularly in 2014 . they are rotating on the bond and going into the equitty conflict. you have a good news/bad news kind of thing. that supported the market in the end of the day. so much money is looking for a home. on the other hand, there is a rude awakening before it is all over. >> you know when you look at the market in general and what is an aggressive run up look at the past week, i guess it shouldn't surprise you. i do i want want to overly bore the viewers and over do it. but the sectors most impacted were h
worried about china especially about the economy after the lower than expected growth numbers that we saw this week. and he addressed that. he was talking a bit about the concerns about rising debt levels and he played those down. he played down the weaker growth. >> i don't think people should panic about chinese economy will continue to grow at the sustainable level. the government's target could be fulfilled without much difficulty and we aim at the quality of the growth. i don't think achieving 7, 7.5% is a big deal for china. i don't think so. >> the fund invests heavily in resources. i couldn't help myself from asking him specifically about gold. he believes the sudden drop in gold is general instability in the global economy. he hopes it comes back at some point soon. >> thank you very much. we were watching that and that's the perfect segue. we've been watching what's happening and it's important to see what the chinese think about this and no better person than cic chairman. we'll talk about gold and what's been happening not only with gold but also oil prices after yesterday slu
? >> my instinct tells me that the answer is no, that in economic terms i think the market, the economy at large will move beyond this relatively quickly. but at the same time, there may be some lingering impact in terms of investor sentiment. the sell-off clearly that occurred on friday and then again on monday, in my opinion, was a reassessment of the pace of global growth. important to point out that most of the weakness yesterday was already in the market before the bombings took place. but clearly, there is an impact on investor sentiment, a reminder that it's a dangerous world. and so you may see a little bit less of a risk appetite going forward. in economic terms, i think we'll move beyond it fairly quickly. >> yeah. john, i guess you would ask, at this point, you wouldn't think that consumers would change behavior based on this. it could potentially aveng -- i don't know, whatever group you want to talk about, jonathan, restaurants or any type of tourists activities. nothing to expect at this point, do you think? >> if you said to me are consumers going to be spending time watc
despite the fact that these jobs are among the highest paying and the most stable jobs in our economy today. it is imperative that we encourage more young americans n.i.t. e studies in the fields. in particular because of the stark racial and gender gaps we see in the programs, it is imperative that we encourage more young women and students of color to enter these fields. we simply won't be able to remain a global leader in these mportant fields without more -- with more than 50% of our nation's brainpower sitting on the sidelines. h.r. 967 doesn't go as far as i would like it to go in addressing these challenges but it does show the need to educate more students in n.i.t. fields and provide the necessary authority for the agencies to pay an important and appropriate role here. and finally, i would be remiss not to mention that nitr-d program serves as a coordinating and planning umbrella for all unclassified federal cybersecurity r&d. our committee addressed specific needs in cybersecurity , r&d separately in h.r. 756 but in doing so, we made sure that both the intellectual and fina
with the underpinnings of education and issues like that then allow us to be competitive in a global economy. i think the potential is there. we need to get our act together and that means we need to sit down, work together and resolve issues. .ost: larry, ohio independent caller. caller: good morning. host: good morning. caller: this gentleman keeps referring to the crime scenes, the violent crimes. 99% of us gun owners are law- abiding and that is the way we use our guns. internet sales -- you cannot ship a gun in the united states unless it is shipped by a fll dealer and once you receive that done at your dealer, you have to go through background checks. on the crystal ball thing -- host: larry, let me leave it there and have the congressman respond because that is the front page of "the new york times" dealing with internet sales. what do you make of his comment? guest: first of all, we do have background checks today, but the problem is there are loopholes. the number is about half of the gun sales in the country are not subject to a background check. some are emaciated on the internet. some are
the state of the economy. other people are talking about technical reactions, but also the numbers from the usa are not as good anymore. bank of america reported results that have been far on next -- under expectations. >> we will stay in frankfurt for a closer look at the numbers. the dax -- it is down by more than 2.3%. the euro stoxx 50 is down by more than 2%. across the atlantic, things there are also down in negative territory. the euro is drifting lower against the greenback, trading at a value of 1.3044. >> the british retailer tesco, the world's third-largest, says it is pulling out of the u.s. market. profits fell for the first time in 20 years. >> empathy says it wants it wants to refocus on its british operations ash the company says it wants to refocus on its british operations -- the company says it wants to refocus on its british operations. >> millions of germans were disappointed today when they went to get their mail and, lo and behold, the letterboxes were empty. no holiday postcards from friends. that's because thousands of postal workers have gone on warning strik
. >> this is what a personal economy looks like. as life changes, fidelity can help you readjust your investments along the way, refocus as careers change and kids head off to college, and revisit your plan as retirement gets closer. wherever you are today, fidelity's guidance can help fine-tune your personal economy. fidelity investments -- turn here. >> at union bank, our relationship managers work hard to know your business, offering specialized solutions and capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you? >> and now, "bbc world news." "bbc world news america "reporting from washington. the white house says yesterday's bombing does not seem to be part of a broader plot. >> this was a heinous and cowardly act. given what we now know about what took place, the fbi is investigating it as an act of terrorism. >> but who did this and why is still a mystery. authorities are asking the public to hand in any photos or video recordings. amid tight security, london prepares for the funeral of
and granger. that's a great tell of the real economy. boy, it's hard not to -- >> there's a lot going on regarding housing. we'll keep our eyes on the homebuilders. >> these people want to try to find a hole in the housing starts, good luck. this is a very big move and we're building far fewer homes than what are destroyed by fire and flood. a lot of people will live with their mother-in-laws. >> despite what we know about the price of building products, right? and the cost of contractors and electricians. >> and i think some of those costs again will come down. copper came down big, and aluminum bid. we'll take you to boston. we're expecting this to be the fbi in charge of the boston field office and deval patrick there and the u.s. attorney carmen ortiz. let's listen in. >> everyone, thank you for coming this morning. less than 24 hours after yesterday's act of terror we wanted to organize a briefing for you with the information that we have. the mayor is here, the members of our congressional delegation, all of the law enforcement leadership. we have several people who want to pres
monetary fund now predicts the global economy will grow by 3.3% this year, down 0.2 of a point since its january forecast. the imf says the u.s. economy will expand by a slightly smaller 1.9% while eurozone economies will swing slightly. >>> car ownership comes with its own expenses, and it's a lot more than you probably realize. a new report out by aaa found that owning an average sedan will drain you over a thousand when you factor in gas, main tense, and tires. that cost is up about 2% from last year mostly because of an 11% surge in maintenance costs. anne-marie? >> erica ferrari here in new york. thanks, erica. >>> straight ahead, your morning weather. plus, in sports, the voice of the nfl goes silent. we will remember legendary broadcaster pat summerall. legendary broadcaster pat summerall. want to give your family more vitamins, omega 3s, and less saturated fat? it's eb. eggland's best eggs. better taste. better nutrition. better eggs. it's eb. for those nights when it's more than a bad dream, be ready. for the times you need to double-check the temperature on the thermometer, be
know you're aware that six of the 10 fastest-growing economies in the world are located in sub-saharan africa, and it is my hope to the extent possible that the state department will prioritize trade with the african nation. you should know that we have a bipartisan bicameral effort working in conjunction with chairman smith to quickly put forward a renewal of the africa growth and opportunity act. so i have four questions i would like to ask you. i wanted to know what steps are you taking to focus on africa's extraordinary growth potential? what are your thoughts about the u.s. appointing a special envoy to the drc? does the request for peacekeeping operations accurately reflect the growing needs on the continent? and can you comment on the significance of the 6% cut to usaid hiv/aids funding? >> thank you very much, congresswoman. let me emphasize first of all that we were really pleased that pepfar was able to be held whole. i think that's vital. i have personally visited, i was in durbin, north of durbin, in the mountains watching of the program is being effectively adminis
.s. economy is headed south. lots of negative indicators recently, what do you say? >> i think that the u.s. economy is already in the south. if you will, and we don't show many signs of coming back, because of very bad policies coming out of washington. i mean, these things should be-- we should be lowering tax rates and broadening the tax base and controlling spending where it should be controlled and having free trade, minimal regulations, but we're going in the wrong direction, stuart. i think you're right. >> what about that question about everybody printing money? well, they are, we know that, but, i don't think it's working this time around. it's just not, you know, juicing the stock market like it used to. >> i don't think it used to so i agree with you totally. you can't push on a string and they have been trying to push on a string and if you look at it this is the single worst u.s. recovery in history and obviously, it's the largest single monetary expansion in history. and obviously, they don't work, they just don't work and he's grasping at straws and god knows what type of r
. i know lgt runs some money that's invested into the russian economy. tell us a little bit about the character of this market and whether you can put cash to work here and feel comfortable that you are going to get a return. >> yep. we are invested in the russian market. but it's true, we have a lower allocation to it. the 11% toe 2% sounds quite low. it is a difficult way to access the markets. we see fundamentally from the point of view a strong currency. you look at low valuation, you look at the current surplus, you look at growing middle income class, which wants to consume, so key market indicators are actually strong. the challenge is much more the investment type. so we look at a narrow market, the way you invest is mainly into oil and energy companies. which most of them are state owned to the majority, so we end up being minority investors. what that means is it's still difficult for to us play to the russian growth topic investmentwise. what we can do is we can look at valuation, we can look at it from an optimal point of view. we can see if there is opportunities whic
? on beating crugs, improving the economy? -- on beating corruption, improving the economy? >> it seems like it. the colorado party was known for it there is a bit of an image problem. he is a business person. even though he's part of the colorado party, he's new to it. and he really comes from the outside. they think perhaps that he has as good of a chance as any to make good these promises against corruption, more transparency, more inclusiveness, an attack on poverty all of the things that in latin america today are on the tips of people's tongues. many thanks for joining us, eric. >> tharpgs for having me. >> polls in the ivory coast where people have been voting to elect hundreds of mayors and local counselors. it is the first major vote since thousands of people were illed three years ago. >> the last time asar decided to vote, that was when the presidential election was disputed. but it hasn't put him off voting for a new mayor and local counselors where he lives in the neighborhood of abajon. >> i am very relaxed. and i am at peace and i'm going to vote for my candidate. >> there are ne
will go. and sometimes invest in a place where the economy is not where it would support necessarily a market solution, which is why a.i.d. has to be there. so you've got the millennium challenge corporation over here, a.i.d. as the preponderance of our expenditure, but it has adopted significant reforms in the last years that have actually movement some of the development challenge kinds of enterprize into a.i.d. wherever we can we are trying to do economic-based aid in a local way that is sustainable. and that will result in long-term gains, not a project that comes, and when the project's over the money's gone and there is nothing to show for it. but there are someplaces where you still have humanitarian demands and other demands that will not lend themselves to that, and we just need to understand that. we have to understand that's for the minimum -- minimalist fraction of the percentage of our aid that may represent, it's still an expression of our values and interest and it's important. now we are -- i'm not going to sit here and tell this committee that the job is done. we are
. it begins to affect the economies in the area. certainly within the district i represent. yet there's always a persistent demand for more. the persistent demand usually comes from washington and not the border communities that they want more. some of those communities are the safest in the country. but the fact remains that if we are going to make security the linchpin and put dollars on top of dollars, taxpayer money, and there's a lack of transparency and oversight, i am not sure that this is not just become another symbolic gesture and the outcome continues to be one that is in doubt and people keep demanding more. host: for yourself representing a border state, as co-chairman of the progressive caucus, if any legislation that comes to be in the house and senate include border security as the linchpin to a pathway to citizenship, the border has to be secure before the 11 million people can get on a pathway to citizenship, if that's the case, are you a yes vote? guest: no. arbitrary triggers should not be part of the legislation. it's my understanding that there been a time of three years
consumers, and back into the economy. earlier this year the cfpb finalized rules to strengthen mortgage standards. this includes the ability to -- the provision which requires lenders to make a good-faith effort to determine if the borrower can make his or her payments. this have been generally well-received by consumer and industry groups alike and i applaud the care the cfpb undertook in writing this rule. however, we must ensure that these rules do not have adverse impact on -- including rural areas. i look forward to hearing from director cordray on how this rule will impact rural lehning, which is an important issue in south dakota. finally, director cordray, your comments about reducing regulatory burden on community banks and credit unions. continue to be interested in your plans to make sure that we strike the right balance addressing consumers and addressing concerns smiler institutions may have. you have proven day in and day out that you are well-qualified for the position. even any colleagues across the aisle concede this point. i hope we can provide the market the certainty
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, the economy comes to life. norfolk southern. one line, infinite possibilities. how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed: the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪ to enjoy all of these years. ...and we inspected his brakes for free. -free is good. -free is very good. [ male announcer ] now get 50% off brake pads and shoes at meineke. >>> continuing to cover bombings in boston. getting new developments, information about the device or one of the devices we understand. susan candiotti in new york on the line. what have you been hearing, susan? >> reporter: michael a federal law enforcement official with knowledge of the investigation is telling us that investigators now believe that one of the bombs appears to have been placed inside a metal pressure cooker that was hidden inside a backpack.
. also affected by the slowdown in china's economy and profit taking after weeks of gains. blue chips lost 265 points yesterday. the nasdaq was also down losing more than 2% of its value. >>> straight ahead, your tuesday morning weather. and security is stepped up at various events in the wake of the boston marathon bombing. boston marathon bombing. [ female announcer ] the only patch for the treatment of mild to moderate alzheimer's disease is exelon patch. now with more treatment options, exelon patch may improve overall function and cognition. your loved one can get a free 30-day trial. and you can have access to nurses. it does not change how the disease progresses. hospitalization, and rarely death, have been reported from wearing more than one patch at a time. the most common side effects are nausea, vomiting, diarrhea, fall, loss of appetite or weight, application site redness, and urinary tract infection. the likelihood and severity of these side effects may increase as the dose increases or if patients weigh less than 110 pounds. people at risk for stomach ulcers who take cer
closer. wherever you are today, fidelity's guidance can help fine-tune your personal economy. fidelity investments -- turn here. >> at union bank, our relationship managers work hard to know your business, offering specialized solutions and capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you? >> and now, "bbc world news." "bbc world news america "reporting from washington. the white house says yesterday's bombing does not seem to be part of a broader plot. >> this was a heinous and cowardly act. given what we now know about what took place, the fbi is investigating it as an act of terrorism. >> but who did this and why is still a mystery. authorities are asking the public to hand in any photos or video recordings. amid tight security, london prepares for the funeral of margaret thatcher. but first, there is still one last stop at westminster. welcome to our viewers on public television in america and around the globe. we will go to the end of the earth to identify those responsibl
know you are aware six of the 10 fastest growing economies in the world are located in sub- saharan africa, and it is my hope to the extent possible that the state department will prioritize trade with the african nations. you should know that we have a bipartisan, bicameral effort working in conjunction with chairman smith to quickly put forward a renewal of the africa growth and opportunity act. so i have four questions i'd like to ask you. i wanted to know what steps are you taking to focus on africa's extraordinary growth potential? what are your thoughts about the u.s. appointing a special envoy to the d.r.c.? does the request for peacekeeping operations accurately reflect the growing needs on the continent? and can you comment on the significance of the 6% cuts to usaid hiv-aids funding. >> let me emphasize first of all that we are really pleased that pepfar was able to be held whole. i think that's vital. i have personally visited, i was in durbin, north of durbin in the mountains watching how that program is being effectively administered and the difference it has made. we a
) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. for those nights when it's more than a bad dream, be ready. for the times you need to double-check the temperature on the thermometer, be ready. for high fever, nothing works faster or lasts longer. be ready with children's motrin. >>> about 20 minutes past the hour. time to check other top stories. in london, people saying good-bye to the former prime minister margaret thatcher. they was given a ceremonial funeral. security tight with 4,000 police. 2,000 people at the funeral, including queen elizabeth and prince philip. she died of a stroke on april 8th. she was 87. >>> the u.s. senate is set to vote on a bill to tighten gun control laws, first, an expand on background checks and mental health care. and also on the table, a ban on military style assault weapons. >>> senators known as the gang of eight will unveil their long-awaited immigration reform bill, all 844 pages, today. the bill proposes a path to citizenship for 11 million undocumented immigrants and would in
's an economy and you struggle hard to develop that if you can. but when you're in the theate if people are 40 or 50 feet away there's a lot you have to do with your voice. you have to be able to talk in a way he has a laugh line every night where he says "i'm not prejudice, i'd say that to a blank or a blank." the racial line. and that line should work if you start with "i'm not prejudice, harold." they've got to hear that. but there's always in the theater -- the heavy lifting is done by the actors in order to pull the audience where you want to go. >> rose: do you find that true? this is the first time you've been on broway. >> this is theirsttime i've be on broway. i've done theater in london but it is extraordinary how different so far the experience has been. >> rose: how so? >> well, because i think american audiences are so much more vociferous and kind of -- literally it feels like i imagine kind of elizabethan theater would have been like. >> rose: engaged? >> massively engaged. so responsive to minutia and -- and i think when i first thought this play -- and still now i took it -- i
personal economy, helping you readjust along the way, refocus as careers change and kids head off to college, and revisit your investments as retirement gets closer. wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. backflips and cartwheels.mile? love, warmth. here, try this. mmmm, ok! ching! i like the fact that there's lots of different tastes going on. mmmm! breakfast i'm very impressed. this is a great cereal! honey bunches of oats. i hear you crunching. smoke? nah, i'm good. [ male announcer ] celebrate every win with nicoderm cq. nicoderm cq is the unique patch that helps prevent the urge to smoke all day long. double your chances of quitting with nicoderm cq. that helps prevent tdare to leave your lipstickng. at home. new revlon colorstay ultimate suede™ lipstick gives you all-day color and instant moisture with shea butter and aloe. for food-proof wear and velvety soft lips. >>> lil bub has quite the online following. over 100,000 facebook likes and millions of view
the city hostage. stop the economy of the city. look at what happened on friday, the whole city was on lockdown, no businesses open, no one was leaving their homes. it's about stopping the economy of america. we got to stop that. we got to move forward. we're a much stronger city than they want us to be. we'll be even better as we move forward. it frustrates me that we have these events going on in our country. americans have to wake up. we have the fear of terrorism. our lives are changed forever. >> let me ask you more about that lockdown, because some have suggested that it was an overreaction to lock down the city, are you convinced it was necessary? >> at the time the decision was made, it sure was. i had information that there were other things going on during the decision that was made. i agree with that decision at the time, because of the information we had. at that time, we found a pipe bomb in another location in the city of boston. and another individual was taken into custody in another location. so, to bring -- to have clarity of this situation, we brought people t
of household 1.4%. there is a huge gap. and the companies are doing well the economy is picking up the middle class is still stuck. why is the economy stock? >> you spoke to a wide variety of spectrum from the the very rich to those in the middle class and the working class. they all share this concern which is surprising to me that i would think that the upper class feels insulated? certainly, they feel as though the enormous amounts of money they are making city group compared the inequality of wealth in america to it 16th century spain. this is the bank, itself. and yes, i was surprised myself. and i am talking about the jewish community center on monday night, uc-berkeley on tuesday. i've spoken to labor groups, and some extremely wealthy people in florida, north in virginia. almost everywhere were all i find is that it is deeply trouble is that there's something really wrong in this country. yes, there is an exception and acceptance of inequality of income but now, it is 400 times the top one person is getting thicker% of the capital gains from the capital market. that is they're getting
for, because i'm raising two girls on my own. i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. of mild to moderate alzheimer's disease is exelon patch. now with more treatment options, exelon patch may improve overall function and cognition. your loved one can get a free 30-day trial. and you can have access to nurses. it does not change how the disease progresses. hospitalization, and rarely death, have been reported from wearing more than one patch at a time. the most common side effects are nausea, vomiting, diarrhea, fall, loss of appetite or weight, application site redness, and urinary tract infection. the likelihood and severity of these side effects may increase as the dose increases or if patients weigh less than 110 pounds. people at risk for stomach ulcers who take certain other medicines should talk to their doctor as serious s
to work and kiss your wife thank roadwork and be an american and let's move forward to get this economy going. neil: to be simplistic i am pretty good at that we tend to sell off more when the threats is international terrorist based and an american like terry nichols. not as a general rule of thumb or to justify one brand over another a bad guy is a bad guy but we tend to get anxious that they brought this to the point* despite the billions are trillions to stop them. >> right to. and you will never be 100 percent safe you just have to remember that is the odds. we will never be part of a terrorist incident to remember that first thing but secd there will be a lot of volatility in the morning but the markets could end up higher and they don't seem to have common sense. look at north korea they are going crazy with their young leader if everybody worried about a nuclear missile but gold is still going down that is what you'd be buying but then people say i don't want to buy gold if it is the end of the world because it is hard to each. [laughter] neil: but where they are placing their m
said, joe. she marked a total sea change in britain's relationship with the market economy before she came into power and anything that was considered important in the post-war british era was controlled by the state. nobody would do that today. she had a very permanent difference in the way britain see the mark of the economy and we are now a country which is the product of margaret thatcher's economic vision. >> steve rattner, i have been amused by commentary coming out of great britain one after another after another kr criticizing margaret thatcher on how she took on the unions and there is that line it had to be done. you were a "the new york times" reporter there. you have said the margaret thatcher is why great britain is great britain today and not italy or spain or greece. >> look. i agree. to me, it seems very clear that when she did was to save great britain from economic irrelevance and i think what may explain a little bit of the difference between the british view and the american view is that what she did was radical by british standards because britain had moved so clo
among manufacturers with the flash pmi an early indicator of how the economy is doing in china. this is the way things looked by the end of the session. mostly good news with most of the markets regaining some losses that we saw from last week. >> we'll take the good news, thank you. >>> still ahead on this special edition of "cnn newsroom" s solidarity in sport. a live report coming up. >>> welcome back. you're watching a special edition of "cnn newsroom" as we continue to cover the aftermath of the boston bombings. while the investigation continues, people are pausing to remember the victims of the attack. outside a funeral home in the boston suburb of medford, hundreds lined up to pay respects to krystle campbell. she was one of three people killed in the marathon a private funeral will be held in the hours to come. and on sunday family members gathered at a church in the dorchester neighborhood to mourn the third victim, 8-year-old martin richard. on saturday, police remembered another victim of last week, officer sean collier who was shot by the tsarnaev brothers on thursd
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